Petronet LNG Limited
PPFAS Mutual Fund increased its stake in Petronet LNG from 1.00% to 2.36%, raising its holding from 1,50,20,291 shares to 3,53,94,925 shares.
India's primary liquefied natural gas importer and regasification terminal operator, Petronet LNG develops, constructs, and operates LNG import facilities across the country. The company specializes in receiving, storing, and regasifying liquefied natural gas for distribution to power plants, fertilizer manufacturing units, and city gas distribution networks. Its integrated terminal infrastructure, operational expertise, and strategic coastal locations make it a critical link in India's natural gas supply chain and energy security framework.
Founded by Parag Parikh Financial Advisory Services, best known for the Parag Parikh Flexi Cap Fund which invests in both Indian equities and select global large-caps including Meta, Alphabet, and Microsoft. Manages over Rs 1.2 lakh crore with a concentrated, long-duration, value-focused approach. CIO Rajeev Thakkar is one of India's most respected investors with a Munger-influenced thinking style.